QBO vs QBD, which is better for me?
QuickBooks is a software produced to assist with the daily management of business procedures. If you are a business owner or self-employed, QuickBooks can help you get organized, make proper business decisions, and be prepared for events like filing taxes. The question is, which version of QuickBooks is right for you? QuickBooks Online (QBO) or QuickBooks Desktop (QBD). Basic Things to Consider Cost is one important factor for many [...]
Top 5 Bookkeeping Tips
Every business owner needs a solid bookkeeping system in order to stay in business. No matter how small your business is, you should make sure that your books are updated, accurate, and readily available as it provides you with crucial information about your business’ overall financial performance. Check out these 5 bookkeeping tips for small businesses that will help guide you along the way. Separate business and personal Don’t wait [...]
Getting Financially Naked…
GET FINANCIALLY NAKED WITH YOUR SPOUSE “Money is almost as taboo a subject as sex and arguably, just as important in a relationship” One of the most important principles that needs to reside within a marriage is communication. When I served a mission for my church from 2014-2016, we had a survey approach that we often used. The survey would help us determine which stage of life people were [...]
What documents do I need to bring to my tax appointment?
Tax season comes once a year. Not sure what to bring to your Tax appointment? This is one of the most frequently asked questions we receive here at Molen and Associates. Here are some tips on how to get ready. Please remember every taxpayer’s situation is unique there are of course many other documents which may or may not apply to you. Many of the needed documents may come into [...]